HIGH STREET PREMISES, KINGS HEATH
£27,500 per annum (exclusive of rates)
The premises are situated in an excellent trading location on the main High Street in Kings Heath. The property is adjacent Barclays and close to New Look, Poundland, JD Sports, Greggs, etc.Download PDF
The premises are situated in an excellent trading location on the main High Street in Kings Heath. The property is adjacent Barclays and close to New Look, Poundland, JD Sports, Greggs, etc.
The premises comprise a ground floor shop with upper floor storage.
Approximate internal dimensions and areas are detailed below:
INTERNAL WIDTH (FRONT) 13’6” 4.1 m
SHOP DEPTH 70’0” 21.3 m
NET SALES AREA 910 sq ft 85 sq m
REAR STOCK 215 sq ft 20 sq m
TOTAL GROUND FLOOR AREA 1125 sq ft 105 sq m
STORAGE/STAFF 580 sq ft 54 sq m
STORAGE 210 sq ft 19 sq m
The property is available by way of a new fully repairing and insuring lease for a term of years to be agreed upon in multiples of 5 years.
£27,500 pa (exclusive of rates).
We are advised that the rating assessment is as follows:
Rateable Value: £23,500
Following the March 2020 Budget, we understand that Business Rates for premises with a rateable value of below £51,000 are currently abolished. Please contact the Local Authority for further information.
Please contact the Local Authority for further information.
ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 102 (Band E). A copy of the certificate is available upon request.
Building insurance for the current year is £453.55.
The ingoing tenant will be responsible for the payment of a management charge, which is currently approximately £600 pa.
Each party is to be responsible for their own legal costs incurred in this transaction.
We understand that VAT is payable on the rental, however, interested parties are advised to make their own enquiries.
Strictly by prior appointment with AMT Commercial on
01527 821 111